HONGKONG DAILY PRESS
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital... $50,000,000 Issued Fully Paid-Up $20,000,000
Reserve Funds:
Sterling
INDIA, AUSTRALIA AND CHINA Incorporated by Royal Charter, 1863 Paid-Up Capital..... £3,000,000 £8,500,000 Reserve Fund
„£3,000,000 H.K. Currency Resarva $10,000,000 Reserve Liability of Pro- Reserve Liability, of
prietors.....
£3,000,000 Proprietors
$90,000,000
HEAD OFFICE: LONDON: 38, Bishopsgate E.0.2. Sub-Agenates In Londonu : 117/192, Leadenhall Street, E.C.3 West End Branch: 14/18, Cockspur Street, &.W.1. Manchester Branch: 52, Mosley Street, Manchester, 2
Head Office:---HONG KONG
Board of Directors: A; L. Shields, Em,
W. H. Lock, Exqu
Chairman.
Deputy Chairman.
ALOR STAR AMRITEAR
BANGKOK
BATAVIA
BOMBAT
CALCUTTA
Clive StarXT
1
AGENCIES AND BRANCHES:.
HARBIN HONG KONG KLOILO 110% KARACHI
Hon. Mr. J. K. Bousfeld,
A. E. Compton, Esq.,
Hon. Mr. S; E. Dodwell.
D. F. Landale, Esq.,
G. Miskin, Esq.,
Hon. Mr. T. E. Pearce,
E. V. Wilkinson, Esq.
Sir Vandeleur M. Grayburu,
AGENCIES: KOBE
Chief Manager. Fakta
K. R. Morrison, Esq.."
ENDANG
H. K. STOCK
EXCHANGE
Quieter conditions prevailed to- day and the volume of trading was not so extensive as the two pDIE- ceeding days. On the other hand prices have been "Well maintained "though it is apparent prospective. buyers are holding back, anticipat- Ing possibilities of obtaining re- quirements a little cheaper.
BUYDES
HE. Wharres, $100. H.K. Docks, $18). Providents, $4.20 Raubs, $8.35
HK. Lands, $312. H.K. Realities, $33. China Lights (0), $730. China Lights (N), $4.20 H.K. Electrics, $62. Cements, $12.50. Dairy Farms" (0), $20. „Dairy Farms. (X), 312, Watsons, Stę.
HK. Govt. 4% Loan, par.
SELLERS
PERANG KANGOON
BAI GON KEREMBAN
SHASHAY SINGAPORE
KUALA
SINAWAN
BOURABAYA
Macao, $18.
SALES
CANTON
Branches: I poh
CA WAPORK CKBU
LUMPUR KUCHI MI
KAIPING VIENTREN
HK, Banks, $1320/17}.
MADRAS
TONGKAR
Penang Rangoon
COLOMBO
MANILA
(Bhulst)
DELI
MEDAN
TSINGTAO
Batavia Kobe
Bombay
Kowloon
Saigon San
BAIPHONG
NEW YORK
TOTOHANA
HK. Mines, 2cts.
Calcutta Kuala
Francisco HANKOW
HAMBURG
Canton
Lampur
Shanghal
Chefoo
London
Singapore
Colomba
Lyons
Sourabaya
Daireri Malacea
Sungei
Patani
Antoy
Bangkok Johore
Foochow Manila
Haiphone Muar Swatow Bamburg (Johore) Tientsin Bankow Mukden Tokyo Harbin New York Tsingtao Bongkew Peiping Yokohama Iloilo
PEIPING
(Peking)
d
FOREIGN EXCHANGE and General Banking Business transacted. CURRENT ACCOUNTS opened FIXED DEPOSITS received for One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS als opened is Local Currency and Sterling with interest allowed at rates "obtainable
CURRENT ACCOUNTS opened in on application. LOCAL CURRENCY' and 'FIXED DEPOSITS
The Bank's Head Office in London received for one year or shorter undertakes Executor and Trustee periods in Local and other Cur-business, and claims recovery of rencies on terms which will be British Income Tax overpaid, on i quoted on application.
Lerms which may be ascertained at
Atso up to date SATE DEPOSIT any of the Agencies and Branches. Box in various sizes To LET
R. A...CAMIDGE, Hong Kong, 5th June, 1939,
HONGKONG SAVINGS
BANK
The Busins of the above Bank is conducted by the HONGKONG! & SHANGHAI BANKING COR PORATION. Rules may be obtain- ed on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1938.
BANK OF EAST ASIA,
LIMITED
Authorised Capital......$10,000,000.00
Paid-Up Capital
Reserve and Undivided
Profits
r!
5,508,600.00
2,883,932.01
Head Office:HONG KONG No. 10 Des Voeux Road, Central.
Board of Directors:
Bir Bhouson Chow; Chairman
'Li Koon Chun, Faqe Li Lan Bang, Engi
P. K. Kwok, Ex Wong Chu Bon, Esq. Wong Im Tong, E. Kan Ting l'o, Yag. Chan Ching Shck, Faq, Fung Ping Wab. Esq Kan Tony Po, Esq., Chief Managar. Li The Fong. Eng., Mnoager,
Branches and. A jencies -
Kowloon PRICE
London Jangoos
Salgu
Amay
Batavia
Bombay
Maxila
Melba
Zaw York Parte
Calentia
Hatphong Dakow
Bolala Kobe
Paling
Singapore Поставить Bwnlow Bani Fran- Bydney
ofsco Nantala i Vancouver Beatti Bemarszta Shingha
Every description of Banking and Exchange business transacted. Lonas, granted on approved securities.
Current Accounts opened in Loss! Currency and Fixed Deposita re- ceived for one year or aborter periods in Local and Foreign Cur rancies on terms which will be quoted on application.
SATE DEPOSIT Boxes To Lit.
KAN TONG PO, **Chief Manager
BANK OF CHINA
Specially Chartered, by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
RANK
Manager.
THE CHASE BANK
18, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STREET,
NEW YORK. An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world:
Interest Rates on Application.
SAFE DEPOSIT BOXES ·"
This Bank is entirely owned by THE CHASE NATIONAL BANK, NEW YORK, with Resources over U.S.$2,500,000,000.
D. M. BIGGAR,
Sound Pics Froz
SOLD TO JAPAN
NEW YORK, Aug. 31 (Reuter) -The stock-holders of the Oriental Consolidated Mining Company have approved of the sale to Japanese interests. The transaction will be coMILETTE » mated to-day.
INCREASE IN EXPORTS
CEYLON'S TRADE DURING. SECOND
QUARTER
Ceylon's exports
Providents, $4.40.
Rauba, $31 c.d.
HK. & S. Hotels, søg.
HK. Lands, $314.
HK. Tramways, $15.85. Star Ferries, $58. China Lights (0), $7.70. H.K. Hectrica, $53/54.
PHILIPPINE GOLD MINING QUOTATIONS
Atoks
Antamoks
Coco Grove...... Consol. Mines Demonstrations
FINANCE
Sound Financial Position In Kwangtung Province
SHIUKWAN, KWANGTUNG, Aug. 30 (Central)—in
E recent press interview, Mr. Y. C. Koo, Commissioner of Finance of the Kwangtung Provincial Bank, inti- mated that the financial condition of the province is steadily improving and that receipts and expenses are now balanced.
Mr. Koo admitted that ex-] treme difficulties were ex-
perienced immediately follow- LONDON STOCK ing the fall of Canton. Rigid
retrenchment and extensive EXCHANGE HAS readjustments, however, soon
FRIDAY, SEPTEMBER 1939. -PAGE 13
PRESIDENT LINER
Sailings
TO
MANILA
put an end to the financial CHEERFUL DAYS.&. "PRESIDENT HARRISON"
chaos, with the result that a monthly deficit of no less than $1,000,000 was entirely eliminated.
A comprehensive programme for the readjustment of the province's Anance, Mr. Koo revealed, has been mapped out, based on the principle of meeting wartime requirements without adding to the people's bur- den. The programme will be car- ried out according to schedule."
AGRICULTURAL PRODUCTION
'LONDON, Aug. '$1 =(Renter) On the London Stock Ex change, after a theerful day, all groups showed a substan-` thul
final rain. and
apart from Katrs, which reacted sharply
the On
ANNOUNCE- ment of the South African Government's decision to appropriato all proceeds from gold desï'ngs above. 158
shillings, per ounce. The Bullion Market
interprets
Special attention is being paid to the decision as an application of speculation gold the province's agricultural produc-ja brake to
the tion, according to Mr. Koo, whom'ning shares arising' from said that already the Kwangtung high price of gold. Wall Street Provincial Bank has granted large was firm.
and small loans to needy farmers.
It is believed that before the end of the year, more than 30 dis-
IN "EVENT OF WAR
The Stock Exchange announced
tricts of the province will be bene- that in the event of war, when Government starts the Atted by a rural credit scheme the.
evacuation of London, it would which is being pertected.
Mr. Koo said that lately the pro-be physically impossible for mem- vincial authorities have interested bers and staffs to get to "the themiselves in the production
of offices
FRIDAY, Sept. 1st at 12:00 Noon.
S.S.
"PRESIDENT PIERCE" SUNDAY, Sept. 3rd at 2:00 A.M.
IMPORTANT
All passengers must possess cholera sertifiontes issued by the Hongkong dovernment authorities, at kuat Ben Full daja prior to arrival at Manila.
AMERICAN PRESIDENT LINES
"ROUND, WORLD SERVICE"
TEL. 28171.
CHINA-SIAM
LINE.
12, PEDDER Sr.
20
22
Baguio Gala
18
Batong Buhay
013
Benguet Consel.
10.10
Big Wedge
21
In these c'rcumstances." the tung
wood 1 oll. Several tung plantations, will be started and it is House would remain closed for the until a date estimated that within a short necessary few days period the province will have no to be announced later after less than 10,000,000 tung trees pro- evacuation is complete. ducing valuable oil.
It is hoped that, in accordance
THE
the
20
0015
081
43
154
Mr. Koo. referred to the depre- with the Government's wishes clation of the national dollar and that business will be carried believed this should not affect the in the city as usual. If conditions fundamentally sound position of render business imposible. Fmt- the legal tender note
has been system, ed accommodation
on
BONG KONG-BANGKOK 6. "H(RAM*. leaving Bong Kong, * "HELLAS" leaving Hong Kong 18. "BELIO3" leaving Hong Kong:
10th Septeaqber
20th September 17th September
25+
China being an agricultural nation | secured.
Manbulao Consol.
06
and with bumper crops reported
Masbates Consol.
104
everywhere this season, the foreign
HONG KONG
Mindanao Motherlode
072
exchange situation will certainly
Mine Operation
12
North Camarines
24
ma. "HAI LEE"
Paracale Gumaus
15
me, "HAI HING"
San Mauricio
Surigao Consel,
20
"Suyoo Consol
.13
United Paracales
341
I. X. L. Ipo Gold
Itogons Mining
· PHILIPPINE GOLD MINING QUOTATIONS
10.10
Thursday, August 31, 1839. Atoks
20
Antamoks
22
Bagulo Gold
181
Batong Buhay
013
Benguet Consol.
Big Wedge
21
Coco' Grove
20
Consol. Mines
0015
Demonstrations
081
43
151
I X. L. Ipo Gold
251
Itogons Mining
Manbulao Consol
08
Masbates Corisol
10)
North Camarines
24
Paracale Gumaus San Mauricio Surigao Consol Bayoc Consol.
15
88
20
...13
United Paracales Mindanao Motherlode
*541
LONDON METALS
EXCHANGE London, Aug. 30 (Reuter).
COPPER
buyers
Standard, Cash 45-1/2 Standard,
sellers £ 45-5/8
*****
3 months 45-13/16 45-7/8 Electrolytic
52
54
HOSTEN. during th Standard, Cash 229-7/8 second quarter of this year shows 'Standard, an increase of Rs. 8.4 million in value over the exports for the first quarter.
Imports during toe 'second' quarter of the year amounted to Rs 58.1 million and were Rx, 3.5 million (5.7 per cent.) less than in the preceding quarter, but com- parison with the corresponding quarter last year showed a slight PAID-UP CAPITAL $40,000,000.00 Increase of Rs. 1.0 million (1.8 per (BRANCHES ALL OVER CHINA) cent.). The decline as compared Owing to our numerous Branches with the preceding quarter was in China and connections in the common to all classes of imports. principal Commercial Centres of Food, drink and tobacco declined the World, we are able to extend by Rs 1.9 million while raw to our Clients special facilities for materials and manufactures show Domestic and Foreign Banking and ed a smaller decrease of Rs. 08 Exchange.
Head Office: SHANGHAI Hong Kong Branch:
4, QUEEN'S ROAD, C." South China Offices;
CANTON SWATOW
SHIUCHOW
KONGMOON TOTSHAN
KINGCHOW
million each.
230
3 months 226-3/4
LEAD Foreign,
Official Price 18-1/2 Foreign Official
227-1/4
16-5/8
3 months 18-3/8
SPELTER
15-1/8
15-1/16
Ordinary.
Official Price 75. Ordinary, Oficial
not affect the nation's strength of CONSIGNEES NOTICES resistance.
Suppression
Of Anthrax & Rinderpest
CONSIGNIES' NOTICE
THE BURNS 1 HILT LINE
FMFLBOURNE, SYDNEY. SALANAUA, FABAULAJD
MANILA J
THE MY.
THE
"NEPTUNA"
ON YONSIGNEES of Cargo are hereby
informed that all Goods are being landed at their risk into the harton and/or extra bazardona Godowns of the Hong Kong and Kowloon Wharf and Godown Co., Ltd, whence and/or from the wharves Delivery may be obtained.
CAMPAIGN STARTEDİ IN SZECHUEN CHUNGKING. Aur. 31 (Central) -A campaign has been launched against anthrax and rinderpest at Taelutaing, famous salt-producing centre in Central Szechueń, and Weiruan, northwest of Tsellutsing. Though machinery has been in-
No Claims will be admitted after the troduced at Tseilnts'ng, thousands Goods have left the Godowns, and all Goods remain ng indelivered after the 0% water buffaloes, en and 2nd Sept., 1939, will be subject to Bout. yellow cows are still used for salt manufacture and transportation. be presented to the Undersizzed on or In the past three weeks more than before the 18th Sept., 1989, or they 60 water bufaloes died of anthrax will not be recognizesi,
All Claims against the teamer must
To comply with the General Bonded
at Taeliutsing and 200 yellow warehous Regnistions, consignees mart cows of rinderpest at Welyuan.
Six Institutions
have a Revenue Ofoer in attendance when damaged dutiable goods are At least six government in-examined stitutions joined to
combat the
All broken, akafed und damaged Goods are to be left in the Godowns, where diseases. Dr. H. M. Jettmar, ex hey will be examined on the 1st pert of the League of Nations, who Rept., 1939, at 10, by Messo, is now in Chungking, was invited Goddard and Douglas. J
the cam-
Economics hy expert in
to serve as adviser to paign.
The Ministry of telegraphed for an
No Fire Inamranov has been affected. Bills of Lading will be countersigned
GIBB, LIVINGSTON & Co., Ledy
Agenta.
[813
Kwangs! to proceed immediately Hong Kong, 25th Aug, 1939.
to Central Szechwan by plane with as much wara," vaccines and
equipment as possible. "N
The National Agricultural Re-
CONSIGNEES' NOTICE.
;
From LEITH MIDDLESBRO', ANTWERP, LANDUN ·
search Bureau sent for two ex-THE BEN LINE STEAMERS, LTD. perts from Kweiyang to work in the affectedTM regions, while the National Health Admin'stratʼon wired the North-west Epidemic Prevention Bureau and the 'Na- tional Epi nic Prevention Bureau to send din as much vaccine as possible by plane -
16-7/16 HONGKONG
SHAREBROKERS"
ASSOCIATION Volume of Business TraiENCËSË. on Wednesday, Aug. 30, 1939. ↑ Water Boats
3 months 15 ? Final Afternoon Transactions Tin, Standard, Cash, £229-7/8 | Watsons buyer.
Tin, Standard 3 months £226- Hoteis 3/4 naid and value.
STERLING SLUMPS AGAIN
The slight improvement over the June quarter of a year ago was manifest in higher imports of grain and flour (Rs, 673 thousand) and narcotics (Rs. 135 thousand) The above increases were offset however ket, sterling, after a
(Reuver
NEW YORK, Aug. 31 On the Foreign Exchange mar-
to a great extent by decreased vance, slumped again
We also handle the issue of Bonds imports of other food and drink down around the and other Public Funds of the (Rs. 418 thousand), feeding stuffs, closing, due to
able, Chinese Goverment both at Home for animals (Rs 49.9 thousand); and Abroad,
SHOU
meat (Rs. 318 thousand), and an- imals living for food (BA 125 Odger, thousand.)
ments
tual
500
500
AND STRAITS.
Tax S.&. *BENMOHR,”
(ONBIGNEES-υf Cargo are hereby
CNN at all Goods are
being landed at their risk into the hazardous and/or extra haradous Godowns of the Hong Kong and Kowloon Wharf & Godown Company, Lic. #hange and/or from the wharves delivery may be obtained, orga
No Claims will be admitted after the Goods have left the Godown, and all 140 - $7.50 | Goods remaining undelivered after the
7.50 6th Se; t will be volject to rent.
All claims against the vessel must” 4.38
be presented to the undersigned on or $1,000) 4:50.
fore the with Bert 1959, or they $1,000 4.96 will not be recognized
#100 #53.00 || To comply with the General Bonded ugot 31, 1938. Warehouse Begulations, Consignees $120.00 must have a Bevenue Officer in atten- 200 15,90 dance when damage dotiable goods
18.00 are examined.
All broken, bosfed, and damaged 16.25 Goods are to he
Accepting Passengers & Cargo for all the share mentioned ports.
SAIGON SINGAPORE--PENANG---RANGOON
Regular Express Service "
+1
Leaving Hong Kong 13th September
Yat October leaving Hong Kong Accepting cargo for all the above mentioned ports.
Excellent parenger accommodation available. For freight, passage rates and all other information- Apply to
THORESEN & CO., LTD.
Queen't Building.
Tel: 30237.
General Agents
THE BEN LINE STEAMERS, LTD.
S.S. "BENMOHR"
Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG and LEITH on about the 6th September, 1989.
Or
Cargo will also be accepted on through Bill of Lading to the usual transhipment ports.
For Freight and Fasmago apply.
to the Agents
W. R. LOXLEY & CO., (CHINA) LTD. York Building.
Tel 84163
THE BEN LINE STEAMERS, LTD.
- CONSIGNEES' NOTICES - CONSIGNEES' NOTICE,
NOTICE TO · CONSIGNEES
OUBAN STEAN SHIP CO., LTD, AND
CHINA MUTUAL STEAM NAVIGATION CO, LTD..
YONSIGNEES per Cols Venue).
"MENESTEIUS“
00
FROM UNITED KINGDOM
TIA SINGAPORE
PROM LEITE, MIDDLESEREY, ANTWERP, LONDON
"AND STRAIT78:
(ONSSENES of Che
CONS
informed that
Ko
landed at their risk into the. are bereby notified that their cargo and/or Cara Abarc will be discharged into Bolt's barf the Hong Kong i owicon, where it wille at consignees and Godown Co., Ltd., The risk and exbject to terms and condi from the webstrán. Bellvir, ton-of storage at Hold's Wharl: The obtained by
No Claims will he Cargo will be ready to delivery frogs Godown on anil after 30th Aug. Goods have left the Go
fptional so will not be landed Goods remaining wa bere, unless notice has been given priest Sept., 1988, to steamera arrival but carried on rant.
from port to port to the final 1brt of
call to which the option extends.
All broken, chalet, and damaged presented to the under goods are to be left in the Godowo, where they will be examined on any "Tuesdays and Fridays between the bours of 10.46 and Aron within the free storage period.
hims will be admitted after the Goods have left the xiemer Godawn, and all Goods remaining delivere after the 6th Sept, will be abject rint.
Hotels.....
Hotels H.K. Electric
on Thursday'
HK Banks
HK Trams HK. Traing de
00
HK. Docks HK Electrics
200
66
58.00 where they will be
HK Hotels
200
475 11th September, 198,
am. by
Watso
$75
800Meria Carmichael &
770 No Fire Ingurungs bet
be befor
$1000
15:200)
$15,000
BB of Lading will be onmkereigner).
27ËR. LOXLEY & CA CE